Twin Palms Villas
Type: Multifamily
495 East Twin Palms Drive Palm Springs, CA 92264
Total Number of Units: 51
Year Built: 1965
Sale Price: $7,999,888
Price per Unit: $156,861
Price per Square Foot: $212.20
CAP Rate: 7.60%
GRM: 7.76
Downpayment: $3,599,950
Net Operating Income: $608,211
Rentable Square Feet: 37,700
Lot Size: 2.34
Unit Type
1B1B
2B1B
No. of Units
42
9
Le Investment Group is proud to present the Twin Palms Villas, a freshly renovated 51-unit apartment complex located in sunny Palm Springs, CA. Built in 1965, the apartments are located on a 2.340 acre lot. The five buildings are composed of Forty-Two (42) One-Bedroom units & Nine (9) Two-bedroom units, all single story units. Amenities include onsite parking, onsite laundry facility, resort style Pool & Spa, and HVAC units throughout.
